Mt. Gox
Mt. Gox has discovered 200,000 missing bitcoins in a wallet no longer in use, the troubled Bitcoin exchange announced Thursday, reducing the number of missing bitcoins from 850,000 to 650,000. “We believed there were no bitcoins left in old wallets, but found 199,999.99 bitcoins on March 7,” Mt. Gox Chief Executive Officer Mark Karpeles said Continue Reading →
Mt. Gox
Mt. Gox, the embattled Bitcoin exchange, has updated its Web site to allow its users to see account balances. The Japan-based company opened user accounts for inquiry on Tuesday, but cautioned that the amount of bitcoins they seemingly have would not “constitute a filing of rehabilitation claims.” The wording on the Mt. Gox web site Continue Reading →
Mt. Gox
MtGox continued trading for at least two weeks despite knowing that it did not hold enough bitcoins to return every customer their money, according to a deposition from the CEO of the embattled bitcoin exchange. Mark Karpeles, MtGox’s chief executive, gave the deposition to the Northern District of Texas bankruptcy court on Monday 9 March. Continue Reading →
Robocoin's Bitcoin ATM
Robocoin, the bi-directional Bitcoin ATM, is ramping up its nascent footprint — with launches planned for 10 more global locations. The company said on Tuesday it will be shipping its first Bitcoin ATMs to two more U.S. locations — Boston and Seattle — and also ramping up globally, with machines heading for Israel, Ireland, Singapore, Continue Reading →
Mt. Gox
Just days after it sought protection in Japan, once popular Bitcoin exchange Mt. Gox has been forced to file for bankruptcy in the US in the hope of climbing out of the huge hole it’s found itself in. Still reeling from the loss of 850,000 Bitcoins (currently worth around $549 million) and debts of more Continue Reading →
Mt. Gox
The Bitcoin community has been angrily pressing for details on what the Bitcoin exchange Mt. Gox has described as a massive hacker attack that stole hundreds of millions of dollars worth of its users’ bitcoins and left the company bankrupt. Mt. Gox’s staff isn’t talking. So another group of hackers say they’ve broken into the Continue Reading →
Satoshi Nakamoto
Satoshi Nakamoto stands at the end of his sunbaked driveway looking timorous. And annoyed. He’s wearing a rumpled T-shirt, old blue jeans and white gym socks, without shoes, like he has left the house in a hurry. His hair is unkempt, and he has the thousand-mile stare of someone who has gone weeks without sleep. Continue Reading →